Auchan, Leroy Merlin Pro Continue Operations Under Temporary…
"Auchan Retail Russia" will continue commercial activities in full capacity after transitioning to temporary management by the company JSC "L.E.V. Management," according to a statement from the retailer published on social media late Monday.
Consensus
- The Russian operations of Auchan continue full commercial activity.
- The Russian operations of Leroy Merlin Pro continue full commercial activity.
- Both companies continue to serve customers in the usual manner.
- The companies have not changed ownership, and the transfer is not considered nationalization.
- The companies reaffirmed their commitment to fulfill all obligations to customers, partners, and employees.
- The temporary management is carried out by AO 'L.E.V. Management'.
- The transfer was based on a presidential decree issued on 17 September.
- The companies expressed confidence in the collaboration with the temporary management team.
Points of divergence
- Ilya Berdnikov was appointed as the new general director of Auchan Retail Russia on 22 September, with Asya Balabai continuing to manage operations in practice. — fontanka
- Andrey Kraushkin, head of L.E.V. Management, formally holds no position in the companies but manages the process. — fontanka
- The plan is to preserve the existing management structure of Leroy Merlin Pro and maintain the current leadership. — fontanka
- The presidential decree was issued on 17 September 2026, and references two decrees: №302 from 25 April 2023 and №661 from 17 September 2026. — m24
- Nestle Russia stated it had reviewed the decree and was analyzing the situation, considering possible actions. — m24
- The shares in Auchan were previously held by Sozhepar (99.985%). — m24
Coverage (4 sources)
- In AKORT told about the work of "Auchan" and "Leman pro" after transfer to temporary management — Фонтанка
- Auchan will continue commercial activity in Russia in full volume — РИАМО
- Russian "Auchan" will continue full-scale operations after transition to temporary management — Интерфакс
- Auchan and Nestle announce continuation of operations in Russia — Москва 24
Key entities
- Asha
- Ashaan Retail Russia
- Russia
- AKORT
- LLC L.E.V. Management
- Moscow
- INTERFAX.RU
- Vladimir Putin
- TASS
- Stanislav Bogdanov
- PhotoBank Lori
- TASS/AP/Dmitri Lovetsky
- Auchan
- Nestle Russia
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